Paris - Streamezzo, a provider of mobile audio and video distribution technology, announced that it has raised an undisclosed sum from Qualcomm Ventures as part of the second tranche of its second round of venture capital financing.

Other investors in the company's second round included AXA Private Equity, T Source, France Telecom Technologies Investissements, GET Valorisation, Sofinnova Partners and Sofinnova Ventures.

Paris-based Streamezzo has developed mobile TV delivery technology, as well as music applications, portals and user interfaces.

The company said it will use the funds to accelerate product development, and expand into additional markets.

Related Links:
http://www.streamezzo.com/pdf/070523_Streamezzo_Qualcomm_Investment.pdf